settlor

settlor
settlor set‧tlor [ˈsetlə ǁ -ər] noun [countable] LAW
a person who gives property or goods to someone under an agreement, especially a will (= a statement saying who you want to have your property and money after you die):

• It is important that settlors can have complete faith in their trustees.

* * *

settlor UK US /ˈsetlər/ noun [C] LAW, FINANCE
a person who creates a trust (= legal arrangement to manage the assets of someone else) and puts money, property, etc. into it: »

Capital is gifted into the trust by a settlor via investment bonds to named beneficiaries.


Financial and business terms. 2012.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • settlor — set·tlor / set ˌlȯr, set əl ˌȯr/ n: a person who creates a trust compare beneficiary a, trustee 2a Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • settlor — [set′lər] n. Law 1. a person who makes a settlement of property 2. a person who creates a trust by conveying property to a trustee; trustor …   English World dictionary

  • Settlor — In law a settlor is a person who settles property on express trust for the benefit of beneficiaries. In some legal systems, a settlor is also referred to as a trustor, or occasionally, a grantor or donor. [In common law legal systems outside of… …   Wikipedia

  • settlor — A person declaring or creating a settlement or trust For tax purposes any person providing money or property for a settlement will be regarded as the settlor …   Big dictionary of business and management

  • settlor — noun Date: 1818 one that makes a settlement or creates a trust of property …   New Collegiate Dictionary

  • settlor — /set leuhr, l euhr/, n. Law. a person who makes a settlement of property. [1810 20; SETTLE1 + OR2] * * * …   Universalium

  • settlor — noun A person who settles property on express trust for the benefit of beneficiaries. Syn: trustor, grantor, donor …   Wiktionary

  • settlor — set·tlor || setlÉ™(r) n. person who makes property settlements (Law) …   English contemporary dictionary

  • settlor — [ sɛtlə] noun Law a person who makes a settlement, especially of property in establishing a trust …   English new terms dictionary

  • settlor — set·tlor …   English syllables

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”